Sources of funding
Of the $1,593.1 million total R&D expenditure in 2004, New Zealand’s government was the largest funding source, contributing 45.1 percent of this total, while the business sector funded 38.5 percent. Included in ‘other’ funding sources were universities and overseas sources, which provided 7.1 percent and 6.8 percent of New Zealand’s R&D expenditure, respectively. |
Research and Development Expenditure percentage by source of funds, latest year available
|
Govt |
Bus. |
Other |
New Zealand |
45.1 |
38.5 |
16.4 |
OECD |
30.5 |
61.6 |
7.9 | |